The Farming Investment Fund has now been launched with £27 million available to farmers, growers, foresters and contractors related to these sectors. The funding scheme is in place to help those in these sectors to invest in items to help them improve productivity and enhance the natural environment.
The scheme is made up of 2 parts:
The Farming Equipment and Technology Fund is very similar to the old Small Productivity Grants, however, there are some key changes:
The Farming and Technology Fund aims are to:
How to apply
The applications window is open until Midday 07 January 2022 and are made through the FETF Application Portal. Applicants must be registered with the Rural Payments Agency. The deadline upon a successful agreement to purchase, pay, install and claim is 30 September 2022.
Farming Transformation Fund
The Farming Transformation Fund is for larger projects. Currently, only the Water Management grant is available under this element of the scheme. The Improving Farm productivity element is planned to open later this year with more information to be released by Defra and the Adding Value grant element will launch early next year with Defra to release information nearer the launch date.
For more information, advice or help with the application process please contact Nikki Smale at our Holsworthy office on 01409 253297 or 07377 413619.